Saddleback Company makes camping lanterns using a single production process. All direct materials are added at the beginning of the manufacturing process. Information for the month of March follows: Costs Units 127,300 $ 183,000 335,000 $ 518,000 Beginning work in process (30% complete) Direct materials Conversion cost Total cost of beginning work in process Number of units started Number of units completed and transferred to finished goods Ending work in process (65% complete) Current period costs Direct materials Conversion cost Total current period costs 234,000 333,900 $ 498,400 639,000 $1,137,400 Required: 1. Using FIFO method of process costing, complete each of the following steps: a. Reconcile the number of physical units worked on during the period, b. Calculate the number of equivalent units. c. Calculate the cost per equivalent unit. d. Reconcile the total cost of work in process. Reg 1A Reg 1B Req 10 Req 1D Using FIFO method of process costing, reconcile the number of physical units worked on during the period. Beginning Units Units Started Total Units Physical Units 127,300 Units Completed 234,000 Ending Units 361,300 Total Units Physical Units 333,900 27,400 361,300 Reg 1 Reg 1B Req 1A Reg 1B Req 10 Req 1D Using FIFO method of process costing, calculate the number of equivalent units. Equivalent Units Physical Units Direct Materials Conversion Beginning Inventory Started and Completed Ending Inventory Total 0 0 Reg 1A Req 18 Req 10 Reg 10 Using FIFO method of process costing, calculate the cost per equivalent unit. (Round Cost per Equivalent Unit to 5 decimal places.) Direct Materials Conversion Cost per Equivalent Unit Req 1A Reg 1B Req 10 "Req 1D Using FIFO method of process costing, reconcile the total cost of work in process. (Use Cost per Equivalent Unit rounded to 5 decimal places and round your final answers to the nearest whole dollar amount.) Prior Period Costs Current Period Costs Direct Materials Conversion Total Cost Beginning Inventory Started and Completed Ending Inventory Total Cost Accounted for $ 0 $ 0 0 $ 0